Banking

Santander Uruguay (Banco Santander, S.A. (Uruguay))

Banco Santander Uruguay (BSU) is a subsidiary of Spain-based group Banco Santander. It provides a broad range of credit products and services for personal and corporate clients, including personal loans, mortgages, and credit and debit cards. Santander expanded its operations to Uruguay in 1978. BSU is based in Montevideo, Uruguay.

Filed under Banking | Published on 24/Oct/2013 | Written by Jorge Porter

Santander&#39;s (NYSE: SAN) net profits from its Latin American subsidiaries totaled 2.59bn euros (US$3.59bn) in January-September, down 21% on the same year-ago period and 15% at constant exchange ra...

Filed under Banking | Published on 28/May/2013 | Written by Natan Levy

Following a poor year in 2011, Uruguayan private sector banks reported earnings of US$109mn in 2012 leading to an increase of US$80mn in profits for the overall banking system in the country to US$297...

Filed under Banking | Published on 25/Oct/2012 | Written by Jorge Porter

Santander's (NYSE: SAN) net profits from its Latin American subsidiaries fell 6.3% in January-September compared to the same period 2011 to 3.31bn euros (US$4.28bn), mainly due to higher provisions. ...

Filed under Infrastructure | Published on 14/Sep/2012 | Written by Jacopo Dettoni

Uruguay's economy and finance ministry has authorized state oil and cement firm Ancap to ask Banco Santander for a US$120mn loan to complete two cement projects in Minas and Paysandú, local press repo...

Filed under Banking | Published on 29/Mar/2012 | Written by Jorge Porter

The Uruguayan subsidiary of Spain's BBVA (NYSE: BBVA) is looking become the largest player among private banks within five years, reaching a 25-26% market share and thus toppling Santander Uruguay fro...

Filed under Banking | Published on 13/Jun/2011 | Written by Jorge Porter

Uruguayan credit card company Creditel expects to double its number of cards by mid-2013 and grow assets at 50% annually over the next few years thanks to its recently announced purchase by Spain's Sa...